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$750,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 2.18 Acres
  • Updated 2 days ago
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Presenting a prime investment opportunity in the sought-after New Market area. With its MRS zoning, this property offers versatile development potential, ideal for multifamily investors and land developers alike. Situated in the vibrant New Market area, this property benefits from a dynamic local market and convenient access to amenities. Whether seeking to expand a multifamily portfolio or capitalize on land development possibilities, this property holds promise for astute investors looking to make a strategic move in this thriving market.

Full Property Details for 40 South Alley

General

  • Price: $750,000
  • Taxes: $7,768 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDFR2087112
  • Updated: 8/12/2026
  • Added to Site: 3 day(s) ago

Location

  • Municipality: New Market
  • County: FREDERICK
  • Driving Directions: Located off Rt. 144 Old National Pike between 3rd and 4th Alley

School Information

  • School District: Frederick County Public Schools

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 2.18
  • Lot Size (Sq. Ft.): 94,960
  • Lot Size Source: Estimated
  • Zoning: MRS

Financial Considerations

  • Price Per Sq. Ft.: $7.9
  • Assessment Year: 2026
  • City/TownTax: $699
  • City/TownTax Freq: Annually
  • County Tax: $7,068
  • County Tax Freq: Annually
  • Tax w/Assessment: $611,300
  • Tax Amount: $7,768
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Multiple Parcels: Yes

Listed by Vcre.Co, Justin Saltzman

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Listing agent

— 40 South Alley —

  • Justin Saltzman

    Vcre.Co

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 South Alley

School District:Frederick County Public Schools, Fort Detrick, MD
NameGradesDistance
New Market Elementary School
93 West Main Street, New Market, MD 21774
K-50.2 mi
New Market Middle School
125 West Main Street, New Market, MD 21774
6-80.3 mi
Linganore High School
12013 Old Annapolis Road, Frederick, MD 21701
9-123.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 South Alley Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 South Alley

Year
Property Taxes
Change
Tax Assessment
Change
2025
$84
—
$611,300
5%
2025
$84
—
$583,200
5%
2023
$84
—
$555,100
4%
2023
$84
—
$532,367
4%
2022
$84
-5%
$509,633
5%
2020
$88
—
$486,900
—
2021
$88
—
$486,900
—
2019
$88
—
$486,900
-7%
2019
$88
—
$526,200
—
2018
$88
-99%
$526,200
—
2017
$6,831
-2%
$526,200
-1%
2016
$6,980
—
$533,400
—
2015
$6,955
—
$531,533
—
2014
$6,952
—
$529,667
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40 South Alley

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Vcre.Co, Justin Saltzman

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40 S Alley, New Market, MD 21774 (MLS# MDFR2087112) is a Lots/Land property with a lot size of 2.18 acres. 40 S Alley is currently listed for $750,000 and was received on August 12, 2026. Want to learn more about 40 S Alley? Do you have questions about finding other Lots/Land real estate for sale in New Market? You can browse all New Market real estate or contact a Coldwell Banker agent to request more information.

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